Stories Tagged as
Permian basin
Diamondback and Endeavor merger continues the trend of bigger, fewer oil companies
Feb 12, 2024
Publicly held Diamondback Energy is buying privately held oil driller Endeavor Energy Resources, creating a company worth $50 billion.
Oil-rich Permian Basin attracts buyers with resources
by
Lily Jamali
Jan 1, 2024
Big companies have been paying billions to acquire smaller competitors — and their drilling rights.
Exxon is shelling out $60B to double its Permian production. Why there?
Oct 12, 2023
The Permian Basin, which runs through West Texas and New Mexico, produces more oil than most countries.
Why aren't oil companies drilling on their 9,000 land leases?
by
Andy Uhler
Aug 1, 2022
Shortages of labor and materials are making it hard to drill and maintain wells.
Texas regulators want oil companies 'flaring' less gas
by
Andy Uhler
Aug 6, 2020
Burning excess natural gas can be less costly than figuring out a way to use it, but the practice spurs climate change and hurts air quality.
Midland, Texas, had fastest growth in pay last year
Nov 20, 2019
It outperformed San Francisco, New York City and Los Angeles.
Questions about shale production arise as U.S. oil production falls
by
Scott Tong
Oct 1, 2019
Analysts have raised questions about the limits of shale oil wells in the United States.
For public good, not for profit.
Central Texas sand mines shift west, taking jobs with them
by
Andy Uhler
May 13, 2019
The market for McCulloch County sand has been drying up.
What the Chevron-Anadarko deal means for Permian shale
by
Jack Stewart
Apr 12, 2019
Will there be other deals like it?
Private philanthropy in Midland tries to make up for government shortfalls
by
Andy Uhler
May 17, 2018
Midland, which has only one homeless shelter with 20 beds but 264 homeless people, is resistant to government aid for its needy residents.